Grayson County College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 701,208 | 369,464 | 331,744 | 265.8 | 0% |
| 2012 | 1,430,397 | 376,607 | 1,053,790 | 294.3 | 0% |
| 2013 | 1,684,319 | 437,751 | 1,246,568 | 287.4 | 0% |
| 2014 | 1,674,657 | 497,795 | 1,176,862 | 269.0 | 0% |
| 2015 | 571,760 | 592,639 | −20,879 | 225.6 | 0% |
| 2016 | 1,841,710 | 729,132 | 1,112,578 | 201.7 | 0% |
| 2017 | 1,358,254 | 455,950 | 902,304 | 346.2 | 0% |
| 2018 | 1,050,925 | 621,836 | 429,089 | 286.0 | 0% |
| 2019 | 2,343,794 | 593,133 | 1,750,661 | 326.1 | 0% |
| 2020 | 1,421,964 | 748,738 | 673,226 | 274.0 | 0% |
| 2021 | 2,102,072 | 526,491 | 1,575,581 | 457.1 | 0% |
| 2022 | 3,789,664 | 666,880 | 3,122,784 | 340.6 | 0% |
| 2023 | 1,682,259 | 626,674 | 1,055,585 | 388.3 | 0% |
In its most recent public year (2023), this organization brought in $1,055,585 more than it spent. Its reserves stood at about 388.3 months of spending, up from 265.8 in 2011. Staff pay was 0% of spending. $19,948,734 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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